Saudi Arabia has recently launched several initiatives as part of a multi-billion dollar effort to boost tourism revenues in the kingdom. Developing tourism is a high priority for the Saudi government as part of its wider strategy to diversify its economy away from its dependence on oil, particularly in light of the plunge in crude prices.
Rixos Hotels aims to bring the spirit of traditional Turkish hospitality to the Middle East with the launch of its first hotel in the region - The Ottoman Palace - to be located on the Palm Jumeirah in Dubai.
United Arab Emirates:
Tuesday, February 24 - 2009 at 15:19
After earning a reputation as a 'luxury only' destination for the rich, Dubai's hotel industry is increasingly offering more lower-cost offerings in the wake of the economic crisis.
United Arab Emirates:
Thursday, February 05 - 2009 at 16:17
After surviving a tumultuous year that saw record oil prices, Middle East airlines now face new challenges as they come to grips with one of the worst global recessions in history.
The financial crisis is beginning to curb Dubai's hotel industry but an even greater downturn in the sector is expected in 2009 as both corporate and leisure travellers further tighten their belts.
United Arab Emirates:
Monday, January 05 - 2009 at 16:45
Hotels in Dubai are likely to see a slowdown in corporate travel in the first quarter of 2009 as the financial crisis forces companies to cut back on expenses.
United Arab Emirates:
Monday, December 15 - 2008 at 14:39
Dubai relies heavily on visitors from Europe, especially the UK, to boost its tourism industry, but the emirate is likely to begin seeing a decline in visitors from the continent as the global financial crisis deepens.
United Arab Emirates:
Sunday, November 30 - 2008 at 15:05
Emirates Airlines has taken possession of the group's very first Airbus A380. The superjumbo flew out from the factory in Hamburg, Germany and touched down in its new hub, Dubai, last night. AME Info's Phil Blizzard was aboard the delivery flight, interviewing Airbus and Emirates executives and sampling the products on offer.
United Arab Emirates:
Wednesday, July 30 - 2008 at 14:17
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Experts say the persistence of a thriving grey market for business jets in the Middle East remains the biggest hurdle to the growth of the sector in the region.
The Saudi Arabian Mining Company (Ma'aden) and Alcoa announced the achievement of the First Hot Metal milestone 12/12/2012 at their joint venture smelter...
Qatar is an oil-rich peninsula jutting out into the Gulf between Bahrain and the United Arab Emirates. The majority of the country consists of sand dunes and salt flats.